BACHELOR OF BUSINESS ADMINISTRATION

BUSINESS ADMINISTRATION

BUSINESS MATHEMATICS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Th term percent comes from the Latin phrase “per centum” which means “by the hundred and thousand”
A
True
B
False
Explanation: 

Detailed explanation-1: -The term “percent” is derived from the Latin per centum, meaning “hundred” or “by the hundred". The sign for “percent” evolved by gradual contraction of the Italian term per cento, meaning “for a hundred". The “per” was often abbreviated as “p."-eventually disappeared entirely.

Detailed explanation-2: -Percent is from the Latin adverbial phrase per centum meaning “by the hundred.” The Latin phrase entered English in the 16th century. Later, it was abbreviated per cent. with a final period. Eventually, the period was dropped and the two parts merged to produce the modern one-word form percent.

Detailed explanation-3: -Definition: A percent is a ratio whose second term is 100. Percent means parts per hundred. The word comes from the Latin phrase per centum, which means per hundred. In mathematics, we use the symbol % for percent.

Detailed explanation-4: -The word ‘percent’ has been derived from the Latin word ‘percentum’ meaning per hundred or out of hundred.

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